The tables and charts presented are projections and based upon the current
information available to the board. As such, this information will be updated
as more information becomes available.
The board hopes to complete the infrastructure review, pump house upgrade
design and treatment system design by the end of the current year (2010). This
optimistic schedule would permit preliminary construction to begin in the fall
of 2010. Once the designs are completed and approved, a more accurate estimate
of project costs can be made. If the projected income and expenses are accurate,
the construction may be completed within the year 2011. The start-up and
testing would continue until compliance is reached, 1-year minimum. Should the
projected expenses be less than the actual expense, it will be necessary to delay
construction completion until the arsenic special assessment (ASA) raises
sufficient funds to complete the construction.
As of May 31, 2010, PTWC has monies in hand of approximately $190,000 in
excess of the monthly operating revenues. Some of these funds have been
accumulated in anticipation of the need, while others have been accumulated via
the ASA. The majority of these monies is in reserve to repair/replace worn-out
equipment and may be used during the infrastructure upgrade. Monies that the
board elects to advance from reserve funds to accelerate the implementation of
the arsenic treatment system will need to be restored to the reserve prior to
the end of the project. At a future date and when the equipment costs and life
expectancies are better known, the board, in consultation with its CPA, will
define and fund the reserves. At that time, the board will set a budget to
provide the operation funding and continuing reserve contributions, as is
currently in effect.
The 2007 Preliminary Engineering Report (PER) projected costs of approximately
$500,000 for an arsenic treatment system, before re-work and over-runs. The PER
costs were based upon using a backwash/waste-water recovery system comparable
to the technique used by the Town of Bernalillo. The proposed solution was
later determined to be in-effective and more costly to implement.
Anasazi Trails Water Cooperative (ATWC) implemented an arsenic treatment and
has been very generous in sharing their experience. PTWC has very comparable
water quality to ATWC and will be implementing a treatment system using the same
technology as theirs. Based upon experience of ATWC and other water systems,
the following projections are made for the PTWC system.
Projected Income/Expenditure Table (08/07/2010)
Projected Cash Flow Chart (08/07/2010)
